{"id":800001,"date":"2023-03-03T10:37:33","date_gmt":"2023-03-03T10:37:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2023\/03\/03\/softbanks-arm-to-pursue-us-only-listing-this-year\/"},"modified":"2023-03-03T10:37:33","modified_gmt":"2023-03-03T10:37:33","slug":"softbanks-arm-to-pursue-us-only-listing-this-year","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2023\/03\/03\/softbanks-arm-to-pursue-us-only-listing-this-year\/","title":{"rendered":"SoftBank&#8217;s Arm to pursue US-only listing this year"},"content":{"rendered":"<p>British chip technology firm Arm Ltd, owned by Japanese conglomerate SoftBank Group Corp, said on Friday it will pursue a US-only listing this year, ending speculation about a primary or a secondary listing in the UK.<\/p>\n<p>Still, the company did not completely rule out an eventual London listing, saying it intended to consider a subsequent IPO there in due course, without providing further details.<\/p>\n<p>Arm is the world&#8217;s biggest supplier of chip design elements used in smartphones, selling intellectual property to companies such as Apple Inc and Qualcomm Inc.<\/p>\n<p>&#8220;After engagement with the British Government and the Financial Conduct Authority over several months, SoftBank and Arm have determined that pursuing a U.S.-only listing of Arm in 2023 is the best path forward for the company and its stakeholders,&#8221; Arm Chief Executive Officer Rene Haas said in a statement.<\/p>\n<p>Arm said it would expand further in its home country by opening a new site in the English city of Bristol, with plans to maintain its headquarters, operations and material IP in Britain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British chip technology firm Arm Ltd, owned by Japanese conglomerate SoftBank Group Corp, said on Friday it will pursue a US-only listing this year, ending speculation about a primary or a secondary listing in the UK. Still, the company did not completely rule out an eventual London listing, saying it intended to consider a subsequent IPO there in due course, without providing further details. Arm is the world&#8217;s biggest supplier of chip design elements used in smartphones, selling intellectual property to companies such as Apple Inc and Qualcomm Inc. &#8220;After engagement with the British Government and the Financial Conduct Authority [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-800001","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/800001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=800001"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/800001\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=800001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=800001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=800001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}